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One aspect of the use of tariffs not yet discussed here is national security. We saw during COVID-19 that domestic production capacity for critical products is
by jschveibinz 2y ago
One aspect of the use of tariffs not yet discussed here is national security. We saw during COVID-19 that domestic production capacity for critical products is very important. Infrastructure products like aluminum and steel should be at the top of the list for tariffs if the goal is to incentivize domestic capacity. But as mentioned elsewhere in this discussion, government financial support is also a good strategy--but the politics of that approach conflict with the current attempt to downsize the government.